News Center
News Archives - Insurance Journal
How Cincinnati Insurance Does E&S
The Cincinnati Insurance Companies have grown business for 75 years through relationships with a carefully selected set of regional independent agents—and business in the surplus lines segment is no exception, executives report. That sets the insurer apart from other E&S …
POSTED MARCH 26, 2025 6:25 AM |
Kroger Fights Suit by Albertsons Over Failed $24.6 Billion Deal
Kroger Co. is fighting back against a lawsuit brought by Albertsons Cos. over its failed $24.6 billion takeover of the rival grocery chain, escalating a dispute that began after US antitrust enforcers succeeded in blocking the deal last year. Albertsons …
POSTED MARCH 26, 2025 5:24 AM |
Allianz Global Investors Says It Is Cutting Some Roles
Allianz Global Investors, the smaller of the two asset managers owned by German insurance giant Allianz SE, is cutting some roles as it looks to make changes to its organizational structure. “Some tasks and elements of our operation may no …
POSTED MARCH 26, 2025 5:20 AM |
Spain Opens Antitrust Probe Into Generali, Sanitas Agreement
Spain’s antitrust watchdog said on Tuesday it had opened an investigation into Italian insurer Generali and local health insurance provider Sanitas over potential anti-competitive practices. The CNMC watchdog said the probe focused on an agreement signed in October 2022 under …
POSTED MARCH 26, 2025 5:10 AM |
Florida Senate Panel Wants More Rate Comparison, Cost, Profit Info on OIR Website
The Florida Office of Insurance Regulation provides a rate comparison tool on its website for homeowners’ and auto insurance, allowing consumers to view estimated premiums for limited types of properties and policyholders. Under a bill approved by the Florida Senate …
POSTED MARCH 26, 2025 5:01 AM |
New Fire Maps Put Nearly 4M Californians in Hazardous Zones
New bursts of yellow dot the hills of Mendocino County. Smears of burnt orange now span the aqueduct near Bakersfield. A fresh splash of crimson juts east of Chico like a fresh wound. With the release of its fourth and …
POSTED MARCH 26, 2025 5:00 AM |
Ardonagh Set to Raise Up to $2.5 Billion to Fuel Expansion Spree
Ardonagh Group Ltd. is nearing a deal to raise as much as $2.5 billion from investors to help fuel the private equity-backed insurance broker’s rapid growth. The London-based firm is expected to close the capital-raise this summer in an oversubscribed …
POSTED MARCH 26, 2025 5:00 AM |
Los Angeles Presses State for Help With $1B Deficit As It Rebuilds From Fires
Los Angeles is looking to California for financial help as the city faces a nearly $1 billion budget deficit projected for the next fiscal year. Mayor Karen Bass and a group of city council members went to Sacramento, the state …
POSTED MARCH 26, 2025 5:00 AM |
Delaware Lawmakers Approve Bill Overhauling Corporate Law
Delaware lawmakers approved on Tuesday an overhaul of the state’s corporate law in a bid to keep powerful business leaders like Mark Zuckerberg from moving their companies’ legal home to another state, although opponents call it a giveaway to billionaires. …
POSTED MARCH 26, 2025 5:00 AM |
Pawtucket Dismantled Iconic Apex Pyramid Building. Here’s Why.
Earlier this month wind damaged the iconic Apex pyramid building in Pawtucket Rhode Island prominently visible from Interstate 95. Now, the city of Pawtucket has removed the remaining exterior panels of the iconic structure, leaving only the skeletal frame. Removal …
POSTED MARCH 26, 2025 5:00 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does One Choice Insurance confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|